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Topic: Will we ever see 20k+ again? - page 12. (Read 1979 times)

member
Activity: 112
Merit: 10
January 20, 2018, 02:42:16 PM
Maybe yes maybe no many theories are saying it will go back and become nothing and some saying it will reach unbelievable numbers in 2 years
We just have to wait and see
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
January 20, 2018, 02:37:35 PM
(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.

We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.

Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.


When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

I'd like to hear what forum people say.

what is it now?
12.8K


so 10 to 20 to 9 to 12.8  is not to worry.


10 to 20 to 9 to 3 would be to worry.
full member
Activity: 588
Merit: 107
January 20, 2018, 02:35:05 PM
it'll happen sooner than later in my opinion, maybe even by the end of June this year.
full member
Activity: 798
Merit: 103
https://www.swanfinance.io/
January 20, 2018, 02:30:39 PM
Hello! I don't like bitcoin too much) But I think yes) A lot of people sell their houses and cars or take lends because the want become rich) It's like living on a roller coaster. Everybody need feel the market and feel when need entrance and exit)
member
Activity: 714
Merit: 11
January 20, 2018, 02:27:59 PM
Yes we will see 20k+ in future, Everything needs correction when it going to the ladder of success very rapidly,
So does happen to bitcoin, Bitcoin records great heights of crypto world, If it goes on incresing there will be a unbalnced in the market which is not healthy at any cost,
these correction will improve the analysis of bitcoin, thus lending a platform for the further development, so don't worry.
As it goes like that we will see bitcoin crossing 50k+ in coming years.
full member
Activity: 1736
Merit: 121
January 20, 2018, 02:27:52 PM
When discussions are made about bitcoin hitting "$20,000 again ", my curiosity leads me to wonder whether bitcoin really stayed at that height of $20,000?

I do not think it stayed at that level for more than 24 hours, it only got there by a spike as all time high. Therefore, if it got there by a spike , that means it didn't basically stay there but pushed out profit to "smart"and lucky investors.

However, what I think made bitcoin got to that height around December was the rush of the season as there were much transaction with bitcoin. So, talking about hitting $20,000 and maybe surpassing that figure , it won't come in a rush. It will be a gradual process unlike the fast run witnessed in December.

Again, the reason that $20,000 might be a gradual step is that, we are now having other coins, which OP started as 3rd and 4th generation coins. This coins are being tested by investors because of high transaction of bitcoin and delays.
member
Activity: 400
Merit: 59
January 20, 2018, 02:27:32 PM
It's very unpredictable that even experts cannot foresee the events on bitcoin because it literally depends on the people's demand to the market, last years highest value approx. is $22000 which is a result of greed by people who wanted to earn profit.I think we are going to see it again before the year 2018 will end like what happened last year.
member
Activity: 252
Merit: 10
January 20, 2018, 02:24:57 PM
According to Coin market cap and some of my research says BTC gonna be $20k again within 1 or 2 month but for sure . BOOM !!
full member
Activity: 630
Merit: 102
January 20, 2018, 02:21:34 PM
.in my opinion do not panic with bitcoin prices, and I'm sure the bitcoin price in the next month is higher than the current price, so if you want to make a lot of profits, you can do now. very good to get many benefits in the future.
full member
Activity: 218
Merit: 100
January 20, 2018, 01:59:05 PM
You gonna see 40K this year sooner or at the end of the year, Guyz you need to stay strong with the community and hold your coins. Bitcoin will definitely bounce back.
full member
Activity: 602
Merit: 107
January 20, 2018, 01:39:03 PM
I would expect Bitcoin price to reach $30,000 to $50,000 this year.
newbie
Activity: 33
Merit: 0
January 20, 2018, 01:38:13 PM
Every market like stocks commodities Interest rates etc see corrections upto 75 % which doesn't mean that they will not go back up higher and history proves otherwise.  These corrections in fact are healthy. There can be many many factors behind these moves.  Bitcoin being the first crypto with early mover advantage and with improvements like Lightning Network in the works, Bitcoin will keep growing and will see new highs in the near future.

Bitcoin will always have that moment that it will go down at times, just consider it a blessing in disguise nowadays. As you can see that bitcoin will start to go high on a specific phase, it will really depend on the demand thay bitcoin has, as you can see many bitcoin holders are still holding their ace, which is whu. Bitcoin start to go down. The cycle is not being meet, just like a cycle of money. But as I can say that bitcoin will raise $20K and more.
newbie
Activity: 37
Merit: 0
January 20, 2018, 01:37:36 PM
It will probably hit 20k again. Just not sure when but it will.
Maybe this June or July it will hit that mark.
newbie
Activity: 38
Merit: 0
January 20, 2018, 01:31:20 PM
I'll get there buy not until confidence has been restored to the new mainstream investor that 2017 brought in.  Just wait until the institutional $$ get into the fray... the sky is the limit.
jr. member
Activity: 118
Merit: 2
January 20, 2018, 01:27:46 PM
Yes, bitcoin prices are recovering. The blue mark on the market is giving me a new hope that it will hit 20k again. I think it will hit 20k by 2018. I hope the best thing with bitcoin
jr. member
Activity: 193
Merit: 4
January 20, 2018, 01:25:53 PM
Yes very soon bitcoin will rise to 20k+ again that is why we need to hold for now.
member
Activity: 294
Merit: 10
January 20, 2018, 01:21:49 PM
Very likely, coming soon, there is a lot of good news coming from bitcoin. Certainly bitcoin will increase dramatically in the coming time. And invest in bitcoin right now. I think so
member
Activity: 279
Merit: 16
January 20, 2018, 01:17:50 PM
For now, in my own opinion, it will just stay in that price, well we just need to wait for a month or so, bitcoin has not been able to recover yet from the big dips that happened later this January and December. Just hold your coins, it will take more time for it to be back at the mark you wanted.

It's not going to happen immediately, probably it will take some time before we see a new ATH because it does seem too soon after such a big dip. I do think the price will recover to 15k+ fairly soon though. By mid february or march I think we might be in a position where 20k+ becomes a reality.
full member
Activity: 392
Merit: 101
January 20, 2018, 01:13:10 PM
When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

I'd like to hear what forum people say.

Bitcoin is remarkable, the sole asset I know off that can bubble successively.  Usually a massive bubble kills the underlying asset when it pops.  But this is already the third massive bubble in bitcoin, after the one in 2011, and the one in December 2013.  Each time we got an order of magnitude difference between the starting point, the ATH (peak of the bubble) and the slower agonizing decay, but which, surprisingly, lives up again, towards the next bubble.  Bitcoin looks like champaign: when  one bubble burst, another is preparing itself.  

I remember reading threads between 2014 and 2016 "will we ever see 1000+ again ?".


I see your point but this does not changed the fact that times have changed.


And i think it is possible for us to see the 20k again because the bloodbath which you are referring to is just a correction and in trading the bitcoin you are expected to see the correction of about 50% to 75% of the overall price in action. You can even cross-check the previous data or backtested data where you will find the similar type of correction of about 50% to 70% which is very common in bitcoin and other cryptocurrency coins.

Isn't correction suppose to be just once? It just had a down swing of 53%, call that a correction. Now you're talking about "another" correction movement which is upward and 70%? The word correction itself is self-explanatory. Something just can't have multiple huge "correction"s, there is another term for that "fluctuation"..
hero member
Activity: 770
Merit: 629
January 20, 2018, 09:36:07 AM
When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

I'd like to hear what forum people say.

Bitcoin is remarkable, the sole asset I know off that can bubble successively.  Usually a massive bubble kills the underlying asset when it pops.  But this is already the third massive bubble in bitcoin, after the one in 2011, and the one in December 2013.  Each time we got an order of magnitude difference between the starting point, the ATH (peak of the bubble) and the slower agonizing decay, but which, surprisingly, lives up again, towards the next bubble.  Bitcoin looks like champaign: when  one bubble burst, another is preparing itself. 

I remember reading threads between 2014 and 2016 "will we ever see 1000+ again ?".
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